Groupe Gorge Finalizes Acquisition of iXblue, Merges it With Subsidiary
PARIS, Sept. 30, 2022 — A merger agreement led by Groupe Gorge, a French industrial group, will combine advanced navigation, photonics, and maritime autonomy solutions company iXblue with ECA Group, a Groupe Gorge subsidiary that develops solutions for robotics, automation systems, simulation, and industrial processes. Groupe Gorge announced the then-pending business combination in March with its agreement to acquire iXblue. It submitted a nonbinding indicative offer for the acquisition of the company in